Symmetrical Triangle Pattern. Target 1.3K-1.6K

2021年5月30日

Hi everyone,

I'm plotting this symmetrical triangle with potential targets wherever the pattern is going to, up or down.

Symmetrical Triangle patterns are mostly a continuation pattern. Since we're coming from a down trend, we may continue going down. See Targets 1 & 2.

Still, there's a small chance that we will go up. See Targets 3 & 4.

Cheers,
Juvs

2021年6月1日

註釋

We're near the top of the triangle. Do we breakout from here (dashed green line) or do we crash (dashed red line)?

GREEN LINE: It needs to break the resistance and make it a support by bouncing off the top of the triangle before heading to our target.

RED LINE: It needs to break down the support, go up to test as resistance, and go down to our target.

2021年6月3日

註釋

We're outside the symmetrical triangle, but we can still create an ascending triangle